We argue that unmeasured investments in intangible organizational capital associated with the role of information and … communications technology (ICT) as a general purpose technology' can explain the divergent U.S. and U.K. TFP performance after 1995 …, investments in ICT may in fact be associated with lower TFP as resources are diverted to reorganization and learning. In both the …

After the Global Financial Crisis, productivity growth in many euro area countries fell behind non-euro EU and other … down structural adjustment from exogenous shocks and in diverting it towards non-tradables. Prior applications of the … pool or covered short periods without crises. Because the euro removed exchange rate adjustments from policy instruments to …

We estimate the rate of total factor productivity growth in Indian manufacturing industry for the period 1973-1992, and …'s hypothesis that, because the Asian Miracle was driven by capital formation under diminishing marginal returns, it is not … output growth. Past studies have compared the TFP residual to the growth rate of output and used this ratio as a measure of …

A number of recent papers have examined the role of environmental variables in accounting for economic growth, and have …. This paper argues that the two measures are not substitutes, but complements which reveal different aspects of economic … mirrored in the Hicksian and Harrodian definitions of technical change. An alternative to the conventional Solow growth …

Anteils der mittleren Jahrgänge auf die betriebliche Produktivität. Es bestätigt sich der umgekehrt u-förmige Verlauf des … deutlich unter Produktivität entlohnt zu werden. Hinsichtlich des Einflusses der Altersstruktur auf das betriebliche … and wages, on innovation as well as on mobility is explored empirically. The econometric analyses are based on firm and …

production growth rates. The country could not halt the significant deceleration of potential output that began in the 2010s or … growth and its components. In contrast with most studies, we employed the Beveridge Curve to deduce the natural unemployment … working hours that considers a representative distribution of employment, in particular by sector, location, and gender. We …

trade and technology could boost trade not just trade-liberalization per se; (iv) given the region's weaker production basis … non-trade factors like epidemic or pandemic resulting in skill deficiencies, and translating into productivity slowdown … countries via allocative efficiency and welfare, apart from improving the 'behind-the-border' factors, trade with not only …

the trace of the United States, then manufacturing employment would not easily increase despite an export revival or an … emerged in the 1990s, lasting for a decade. The decoupling of output and employment in the manufacturing industry is atypical … compared to the commonly stylized facts showing that both employment and output grow together in the long run and decline …

This paper investigates the effects of financial sector, product market, and trade reforms on labor productivity growth … and its two components-the intra-sectoral (within) and inter-sectoral (between) components-in a sample of developing … countries over 1975-2005. The paper finds that most of the past trade, product, and financial sector reforms have increased the …

results suggest a remarkable causality, both contemporary and non-contemporary, from productivity to GDP (but not vice versa … country (Third region) is only in one directional, from TFP towards gross domestic product (GDP) and not vice versa. As the … contemporaneous cyclical relationship (i.e. pro-cyclical, counter-cyclical or acyclic) and the non-contemporaneous causality with …